SAP eyes "long" period of high sales growth: report

Reuters News
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Posted: Oct 28, 2012 7:59 AM
SAP eyes "long" period of high sales growth: report

BERLIN (Reuters) - Germany's SAP may be able to sustain high sales from software and related services for a "very long time," co-chief executive Bill McDermott told a German newspaper.

"It's our ambition to grow with double-digit numbers for a very long time to come," Euro am Sonntag quoted McDermott as saying in an interview published on Sunday.

"I believe that's possible."

The newspaper also cited the co-CEO as saying SAP currently has no plans for further acquisitions following the purchases of cloud-computing company Ariba and Success Factors.

(Reporting By Andreas Cremer; Editing by Hans-Juergen Peters)